General Electric Chairman and CEO Jeff Immelt yesterday said the company will double its investment in researching cleaner technologies--including aircraft engines--to $1.5 billion annually by 2010 from $700 million in 2004 under "ecomagination," which the company described as an initiative "to bring to market new technologies that will help customers meet pressing environmental challenges." At a series of events in Washington announcing the program, Immelt said, "Ecomagination is about the ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.